The greater the income gap, the more important it becomes for rich parents to give their children every possible advantage. Increasing inequality thus accentuates elites’ reluctance to pay taxes that could equalize opportunity. Their own children just may have the most to lose.
A new G.I. bill that included one year of civic learning and civic participation would provide students from disadvantaged backgrounds with an affordable college education — and give them the civic skills needed to have a meaningful voice in the democratic process.
It has long been fashionable to assert that education is the answer to our growing inequality problem. But even if increasing educational attainment reduced inequality of opportunity, this does not imply a direct acceleration of the rate of average income growth of the bottom 99 percent.
Deep in the heart of Texas, still another billionaire is scheming to make public education a rewarding business investment opportunity.
The latest annual hedge fund industry compensation stats have power suits smiling — and ordinary mortals worrying about public education’s future. Hedge fund manager billions are reshaping the education public policy debate. The problem: Not everyone shares their vision.
Greed is not good, and high inequality is making all of us greedier than we should, or could, be.
Chicago teachers’ wages are the focus of a major political battle – not because their salaries are out of line in a legitimate comparison – but because people are playing politics with teachers’ pay.
In any society where wealth and income concentrate at the top, the affluent will almost always come to sneer at public services and the men and women who provide them.
Corporate execs and billionaire ideologues are creating — at taxpayer expense — a network of schools where learning takes a back seat.
The economy is growing. The money is there. It’s our democratic choice: corporate profits or public schools.